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Development accounting with intermediate goods
2017
The B.E. Journal of Macroeconomics
I use a simple development accounting framework that distinguishes between goods and service industries on the one hand, and final and intermediate output on the other hand, to document the following facts. First, poorer countries are particularly inefficient in the production of intermediate relative to final output. Second, they are not necessarily inefficient in goods relative to service industries. Third, they present low measured labor productivity in goods industries because these are
doi:10.1515/bejm-2016-0223
fatcat:hijuxwhrire2fgbboxm3j2lxau